FLEX
Flex Ltd
Q1 2026 Report
Flex Ltd (FLEX) Q1 2026 Financial Results: Strong Performance in Data Center and Power Solutions...
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Executive Summary
Flex Ltd (FLEX) reported strong third-quarter results for fiscal 2025, achieving a record revenue of $6.56 billion and an operating margin of 6.1%. With focused efforts on enhancing operational efficiency and a strategic mix of offerings, the company demonstrates robust growth particularly in the data center and health solutions markets, showing a year-over-year revenue growth of 45% in data centers. Management is optimistic about sustaining appeal through diversification and core innovations, evidenced by continuous investments in technology acquisitions like JetCool and Crown Systems. The outlook remains cautiously optimistic, with management projecting stable margins despite macroeconomic uncertainties.
Key Performance Indicators
Revenue
6.56B
QoQ: 0.17% | YoY:6.27%
Gross Profit
594.00M
9.06% margin
QoQ: 11.86% | YoY:16.24%
Operating Income
334.00M
QoQ: 12.46% | YoY:42.74%
Net Income
263.00M
QoQ: 22.90% | YoY:-33.42%
EPS
0.68
QoQ: 25.93% | YoY:-27.66%
Revenue Trend
Margin Analysis
Key Insights
1. **Revenue Growth**: Q3 2025 revenue increased by 6.27% YoY, reaching $6.56 billion, with a marginal QoQ growth of 0.17%. 2. **Operating Income**: Operating income saw substantial improvement, up 42.74% YoY to $334 million, driven by a favorable product mix and strong execution. 3. **Net Income**: The net income, although lower due to tax impacts, rose by 22.90% QoQ, totaling $263 million with an EPS of $0.77, marking a 43% increase YoY. 4. **Cash Flow**: Free cash flow of $306 million was gen...